| Protected B when completed | |||||||||||||||
Chart A – Non-compliant amount of expenses for short-term rentals |
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| If you incurred an expense to earn rental income from a rental property with multiple rental units, where some rental units were used for short-term rentals, long-term rentals, or both short-term and long-term rentals (mixed rentals), exclude the portion of the expense which is related to long-term rentals. You must divide expenses, on a reasonable basis, between each short-term rental or mixed rental. |
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| Enter each short-term rental or mixed rental property on a separate row. If your rental property has several units which include long-term, short-term, and mixed rentals, enter each short-term rental or mixed rental on a separate row instead of the rental property they are part of. |
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| Note: For the 2024 tax year only, if you had a short-term rental and that short-term rental: | |||||||||||||||
| • | was compliant with all applicable requirements by December 31, 2024, enter "0" in column 4. Your non-compliant amount in column 6 is zero; | ||||||||||||||
| • | was non-compliant with all applicable requirements by December 31, 2024, enter in column 5 the same number of days you entered in column 4. Your non compliant amount in column 6 is equal to the amount in column 3. |
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| For more information on short-term rentals, see Guide T4036. | |||||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | ||||||||||
| Rental property address | Unit number |
Related portion of the total from line 9365 of Part 4 |
Number of days the residential property was a non- compliant short- term rental |
Number of days the residential property was a short-term rental |
Non-compliant amount (col. 3 multiplied by col. 4 divided by col. 5) |
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| Total non-compliant amount of expenses for short-term rentals: Total of column 6 (enter on line 9366 of Part 4) | B | ||||||||||||||
Chart B – Non-compliant amount of CCA for short-term rentals |
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| If you used a depreciable property to earn rental income from a rental property with multiple rental units, where some rental units were used for short-term rentals, long-term rentals, or both short-term and long-term rentals (mixed rentals), exclude the portion of the CCA which is related to long-term rentals. You must divide CCA, on a reasonable basis, between each short-term rental or mixed rental. |
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| Enter each short-term rental or mixed rental property on a separate row. If your rental property has several units which include long-term, short-term, and mixed rentals, enter each short-term rental or mixed rental on a separate row instead of the rental property they are part of. |
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| Note: For the 2024 tax year only, if you had a short-term rental and that short-term rental: | |||||||||||||||
| • | was compliant with all applicable requirements by December 31, 2024, enter "0" in column 5. Your non-compliant amount in column 7 is nil; | ||||||||||||||
| • | was non-compliant with all applicable requirements by December 31, 2024, enter in column 6 the same number of days you entered in column 5. Your non compliant amount in column 7 is equal to the amount in column 4. |
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| For more information on short-term rentals, see Guide T4036. | |||||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7**** | |||||||||
| Class number |
Rental property address | Unit number |
Related portion of the available CCA from column 18 in Area A |
Number of days the residential property was a non- compliant short- term rental |
Number of days the residential property was a short-term rental |
Non-compliant amount (col. 4 multiplied by col. 5 divided by col. 6) |
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| Total non-compliant amount of CCA for short-term rentals: Total of column 7 (enter on line 9367 of Part 4) | C | ||||||||||||||
| **** For each class, add the amounts from column 7 of Chart B and enter each total in column 19 of Area A , in the respective row. | |||||||||||||||
| See the privacy notice on your return. | |||||||||||||||
| T776 E (24) | Page 6 of 6 | ||||||||||||||